The paper describes the environment under which RP-US agricultural trade currently operates. It also highlights key issues affecting current trade flows between the Philippines and the US, and provides background information vital for future bilateral agricultural negotiations with the U.S....

Given that the 5% uniform tariff rate by 2004 will be implemented, this study lends support to the substantial benefits to be reaped from it in the form of greater import competition, improved efficiency and better resource allocation. This also identifies the industries heavily favored by its...

The world trading environment has witnessed the proliferation of regional trading arrangements during the last decade. This development was accompanied by the perceived threat that this may bring to the rules-based multilateral trading system. The ASEAN for one have not only reaffirmed their...

Reduction in tariff rates has been one of the major developments in international trade. With the forged commitments in Uruguay Round and unilateral trade liberalization/tariff reduction programs under regional trading arrangements, further tariff reduction is expected. Despite the reforms and...

Utilizing the Jemio and Vos Financial Computable General Equilibrium, this paper presents the simulation results of the economic adjustments during 1987-1993, focusing on the impact of the adjustments on factor payments, income distribution and on macroeconomy such as GDP, prices and sectoral...

One of the recent European developments is the plan of creating a single market implying the removal of obstacles to trade in goods, services, capital and labor. Hence, it is worthwhile to examine the impact of such move to a small country like the Philippines, the growth of which depends...

This paper investigates the impact of liberalization of international investment restrictions in the Philippines on the discounts of the First Philippine Fund (FPF) closed-end country fund. In particular, it investigates whether such restrictions are binding and how U.S. investors see the...

The author, at the outset of her study on shipping transport, rightly states the importance of this industry in an archipelagic country. However, the industry remains inefficient, despite policy reforms enacted in the 1990s which aimed at liberalizing and deregulating the industry. Though these...

This article has been delivered during the Central Bank Diamond Jubilee celebration on November 21,1988. It reviews the issues of Philippine structural adjustments with a focus on the identification of elements in the past Philippine efforts that appear to be critical in the future adjustment...

The story of the Philippine environment during the past two decades is one of growing stress and resource degradation that has recently forced the Philippine polity and society to resolve the problem. This paper seeks to contribute to a better understanding of the issue of sustainable...